Intraday Trading Highlights
On 6 Feb 2026, ITC Ltd. recorded a significant intraday rally, touching Rs 321.15, which represents a 3.51% rise from its previous close. The stock’s day change stood at 3.46%, outperforming the FMCG sector by 0.27%. This surge was accompanied by a reversal in trend, as the stock gained after two days of consecutive falls, signalling renewed buying interest during the session.
The Cigarettes/Tobacco sector, to which ITC belongs, also witnessed strong momentum, gaining 3.55% on the day. This sectoral strength likely contributed to ITC’s positive price action, reinforcing the stock’s relative outperformance within its industry group.
Technical Positioning and Moving Averages
From a technical perspective, ITC’s current price is trading above its 5-day moving average, indicating short-term strength. However, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages, suggesting that the stock is still navigating resistance levels on longer-term charts. This mixed technical picture highlights the stock’s ongoing efforts to regain upward momentum beyond immediate short-term gains.
Such positioning often reflects a stock in the midst of consolidation or recovery phases, where intraday rallies can be sharp but require sustained follow-through to break through longer-term moving average barriers.
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Dividend Yield and Market Capitalisation
ITC Ltd. currently offers a high dividend yield of 4.19% at the prevailing price level, which remains an attractive feature for income-focused investors. Despite the recent price volatility, the company maintains a Market Cap Grade of 1, indicating a substantial market capitalisation relative to its peers.
The company’s Mojo Score stands at 51.0 with a Mojo Grade of Hold, upgraded from Sell on 4 Feb 2026. This recent grade improvement reflects a modest enhancement in the stock’s overall quality and momentum metrics, as assessed by MarketsMOJO’s proprietary scoring system.
Broader Market Context
The Sensex opened flat on 6 Feb 2026, declining marginally by 64.61 points to trade at 83,226.98, down 0.1%. The index remains 3.52% below its 52-week high of 86,159.02. Notably, the Sensex is trading below its 50-day moving average, although the 50-day average itself is positioned above the 200-day moving average, indicating a longer-term bullish trend despite short-term weakness.
In this environment, ITC’s 3.40% gain for the day contrasts with the Sensex’s 0.11% decline, underscoring the stock’s relative strength amid broader market softness.
Performance Over Various Timeframes
Examining ITC’s price performance over multiple periods reveals a challenging backdrop. The stock has declined by 0.43% over the past week and 6.32% over the last month, underperforming the Sensex’s respective gains of 1.16% and losses of 2.16%. Over three months, ITC’s decline deepens to 21.24%, compared to a near-flat Sensex performance (-0.10%).
Longer-term figures show a 27.32% drop over one year versus a 6.62% gain for the Sensex, and a year-to-date decline of 20.40% against the Sensex’s 2.34% loss. Over three and five years, ITC’s returns of -11.52% and +44.78% lag behind the Sensex’s 37.55% and 64.05%, respectively. Even on a 10-year horizon, ITC’s 57.06% gain trails the Sensex’s 238.08% advance.
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Summary of Trading Action
ITC Ltd.’s strong intraday performance on 6 Feb 2026, marked by a 3.51% peak and a 3.46% day gain, highlights a notable rebound within the FMCG sector. The stock’s ability to outperform both its sector and the broader Sensex index amid a slightly negative market environment underscores its relative resilience.
While the stock remains below several key moving averages, the short-term momentum indicated by its position above the 5-day average and the recent upgrade in Mojo Grade to Hold suggest a cautious improvement in market sentiment. The high dividend yield of 4.19% further adds to the stock’s appeal from an income perspective.
Overall, ITC’s intraday surge reflects a positive trading session driven by sectoral strength and technical factors, set against a backdrop of broader market consolidation.
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